Afcom Holdings Limited

Company Profile
Company Name Afcom Holdings Limited
Open Date 02-08-2024
Close Date 06-08-2024
Exchange BSE SME
Lot Size 1,200 Shares
Issue Price ₹102 to ₹108 per share
Issue Size 68,36,400 shares
Application Amount ₹1,29,600
Recommendation Apply
Incorporation: Afcom Holdings Limited was originally incorporated in 2013. The registered office is in Chennai, Tamil Nadu. ▪ Industry: The company operates in the Air Cargo Industry. ▪ Business Model: The company operates in only B2B model. ▪ Employees: As of February 2024, it has 47 employees of which 21 are crew.
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Financial Summary in Lakhs

KPI’s FY 22 FY 23 Feb-24
Revenue 4,827.400 8,414.426 13,369.97
EBITDA 951.83 1,839.63 3,253.13
Net Profit 514.80 1,358.62 2,310.37
RoCE 23.38% 18.53% 22.9%
ROE 42.94% 24.99% 32.05%
P/E 24.71 13.60 32.43

Tentative Timeline

Opening Date 02-08-2024
Closing Date 06-08-2024
Basis of Allotment 07-08-2024
Initiation of Refunds 08-08-2024
Credit of Shares to Demat 08-08-2024
Listing Date 09-08-2024

Objects of the Issue

For Setting up a new manufacturing facility at SIPCOT Industrial Park Phase-I, Kudikadu Village, Cuddalore District ('C' District) Plot(s) - Plot No.C-17/A, Tamil Nadu for manufacturing of Sulphuric Acid, LABSA 90%, and Magnesium Sulphate.
To meet working capital requirements.
General Corporate Purposes.

Contact Information

Registered Office Afcom Holdings Limited 2, LIC Colony Dr. Radhakrishnan Nagar Thiruvanmiyur Chennai-600041
Phone +91-9841019204
Email corporate@afcomcargo.com
Website https://afcomcargo.com/

Registrar Details

Name Link Intime India Private Limited
Phone +91-22-4918 6270
Email afcomholdings.ipo@linkintime.co.in
Website https://linkintime.co.in/Initial_Offer/public-issues.html

IPO Reservation

Anchor Investor Shares Offered 1,896,000 (27.73%)
Market Maker Shares Offered 354,000 (5.18%)
QIB Shares Offered 1,338,000 (19.57%)
NII (HNI) Shares Offered 973,200 (14.24%)
Retail Shares Offered 2,275,200 (33.28%)
NII (HNI) Shares Offered 6,836,400 (100%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 58.94%
Share Holding Post Issue (Promoters) 42.73%

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